Reclassified Flood Zones by FEMA

You may also not be aware that FEMA is reclassifying Flood Zones based on the recent floods. You may have not been located in a HIGH RISK Flood Zone before, but you may have been reclassified, and may now be at risk. If you have a current Package or Property policy that includes Flood coverage, the coverage may now be excluded. In addition, you may not know that your standard

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XS Flood Coverage with Loss of Rents Now Available

Based on the devastation brought on by Super Storm Sandy, RDA now has the ability to offer XS Flood Coverage over FEMA Flood policies for multifamily, mixed use, industrial, office and retail properties. We also have the ability to offer Loss of Rents Coverage, as part of the policy, with a minimum deductible of $50,000. This is a new product to the market and may be helpful to you. If

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Mortgage Value vs. Insurance Replacement Cost

One of the biggest questions insureds have regarding Property insurance revolves around the amount of insurance to place on their property. When purchasing a building, the mortgage company requires the property owner to obtain insurance prior to closing. Most building owners assume the amount of building coverage will be equal to the amount they paid for their property. This is incorrect in some cases. There are different methods to determine

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The Smart Valve!

RDA has become aware of an exciting product that has a proven track record of saving money and conserves water. It’s called THE SMART VALVE. It’s a patented plumbing valve that is installed after almost any water meter, and through it’s scientific design and technology, improves the efficiency of any water meter which results in savings, sometimes as much as 20%. Without getting into a technical description of how it

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When Buying a NEW Property…

RDA is here to serve you in any way possible. Please note that we need a minimum of 5 business days to secure pricing and coverage for any new properties that you may be buying. When you first enter into a contact with someone, please reach out to us so we can start the paperwork to ensure a smooth purchase for you. When we find out at the last minute,

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